E7i

E7i Updated 

Daily Supply area reached 1 hour momentum line formed but not broken yet therefore EURUSD is just on watch list - not trading until Momentum line is broken Target = 1.17525 area SL above upthrust high if it holds before LPSY is made

E7i Updated 

Basic Supply and Demand idea

E7i Updated 

Currently at supply area Volume suggests heavy supply coming in Market should go down to Demand area AGAINST MAJOR TREND so quite risky

E7i

Possible Distribution

E7i Updated 

chart

E7i Updated 

Possible bearish scenario

E7i Updated 

GU at a supply level that might hold up

E7i Updated 

On chart

E7i Updated 

AUD USD looks like prices are struggling to drop below Demand level and therefore should reach up to next supply level up top

E7i Updated 

Overall Bearish depending on how prices react to resistance

E7i

Demand levels hit Supply level in target next Long term, will go for demand level way below

E7i Updated 

Supply level hit and declined on 4 Hours, usually 1 hour follows up with a temporary up movement (I say temporary but this could possibly lead to higher up move if supply doesnt come in at the level marked above)

E7i Updated 

Currently higher prices are being rejected on 4 hours (Pinbar) The Daily zone (red line) will be tested - Should prices rush through the support it will drop further down to the next support

E7i

EurCad has touched resistance on all the higher timeframes (Weekly Daily etc) A bounce is very likely. 4 hours has shown failure to reach higher (Possible double top too) Support is very likely to be reached and if prices break that, lower supports are likely to be touched

E7i Updated 

Bears remain in control, a correction is possible and then bearish continuation

E7i Updated 

GBP JPY Bears are currently dominant Pennant pattern formed Once broken out of, should fall down to next support level. REASONS FOR TRADE IDEA INVALIDATION - Upside break